We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.
Position Overview
The Capital Markets team is responsible for delivering efficient, flexible financing solutions that support fund liquidity, portfolio construction, and long‑term value creation. This role will focus on the origination and execution of fund finance–oriented structures, including subscription facilities, NAV and hybrid facilities, CFO’s, and other bespoke leverage solutions across private equity and real estate strategies.
Essential Job Functions
- Lead the structuring, negotiation, and execution of fund‑level and asset‑level financing transactions for Private Equity (including VC) and Real Estate strategies.
- Partner closely with investment teams, portfolio managers, legal, tax, treasury, and operations to ensure financing structures align with investment strategy, fund documentation, and investor considerations.
- Manage ongoing oversight, including amendments, extensions, refinancings, covenant compliance, and lender reporting.
- Monitor market conditions, pricing trends, and evolving fund finance structures, and proactively identify opportunities to improve financing efficiency and flexibility.
- Prepare and present materials for internal committees, senior management, and external counterparties.
- Contribute to the development of best practices, standardized documentation, and scalable processes across the Capital Markets function.
Qualifications
- 5–8 years of experience in capital markets, fund finance, structured finance, private credit, investment banking, or a related role, with direct exposure to private equity and/or real estate financing.
- Strong working knowledge of fund finance structures, including subscription facilities, NAV facilities, hybrid facilities, and CFO or portfolio‑level leverage solutions.
- Demonstrated ability to independently execute complex transactions while managing multiple stakeholders and tight timelines.
- Strong financial modeling and analytical skills, including fund‑level cash flow and leverage impact analysis.
- Proven relationship management and negotiation skills with banks and alternative lenders.
- Highly organized, detail‑oriented, and comfortable operating in a fast‑paced, deal‑driven environment.
- Collaborative, commercially minded, and able to balance execution with strategic relationship development.
- Bachelor’s degree in Finance, Economics, or a related field; advanced degree or professional designation a plus.
Salary Range: $170,000 - $190,000
The salary range is an estimate of pay for this position. Actual pay may vary depending on job-related factors that can include location, education, skill, and experience. The salary range does not include any benefits or other forms of possible compensation that may be available to employees.
#LI-Hybrid
At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.
As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.
Candidates must be at least 18 years old to apply.
Developing People at StepStone
Skills Required
- 5-8 years of experience in capital markets or related role
- Strong working knowledge of fund finance structures
- Demonstrated ability to independently execute complex transactions
- Strong financial modeling and analytical skills
- Proven relationship management and negotiation skills
- Highly organized and detail-oriented
- Collaborative and commercially minded
- Bachelor's degree in Finance, Economics or related field
What We Do
StepStone Group (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to our clients. StepStone’s clients include some of the world’s largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes.
